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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2006 - onwards
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29. Financial services.

(1) Subject to section 36 and to subsections (3) and (4) of this section, a building society may provide, as principal or as agent, financial services.

(2) In this section "financial services" means any of the following activities - (a) arranging the provision of credit, including the joining of credit card companies, (b) the giving of guarantees and indemnities other than guarantees referred to in section 23(1)(g), (c) the sale and purchase of financial obligations, debts and securities, (d) investment services, (e) the discounting of credit instruments, (f) the acceptance of deposits of money for current accounts, the collection of cheques and the payment of cheques drawn on the society, (g) insurance, (h) the maintenance of a company's register of members, (i) the provision of advice relating to taxation and financial planning, (j) financing hire-purchase, (k) leasing, (l) money transmission, (m) trusteeship, (n) executorship, (o) for

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